Please wait...
GulfBase Live Support
- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
19/11/2017 06:09 AST
Commercial Bank's Transaction Banking Department has partnered with Mannai Corporation by implementing the bank's Corporate Trade Portal. Commercial Bank's Corporate Trade portal is a user-friendly platform that allows customers to conduct their local and International Trade Finance business online, increasing the efficiency and speed of day-to-day transactions.
The new Corporate Trade Portal offers ease of navigation and allow customers to conveniently complete trade transactions online while simultaneously accessing a wide range of advanced features. Customers can apply for trade finance products such as letters of credit, bank guarantees, export and import collection through the fully secure Portal.
Commercial Bank Group CEO Joseph Abraham said, "Digital technology is rapidly changing the way people use financial services. They are increasingly using digital channels to contact their banks, execute trades and purchase financial products.
"As a leading bank, we are making significant investments in digital technology to capture this opportunity and deepen the relationship with our current and next generation of corporate banking clients. We are delighted to be launching our new digital capabilities in the local market for our business partners as well as for consumer adoption of digital financial services solutions."
Mannai Corporation director & group CEO Alekh Grewal said: "Mannai Corporation and Commercial Bank have been strategic partners for many years as the Commercial Bank provide the most advanced trade finance products and services in the market."
Commercial Bank EGM and head of Wholesale Banking Raju Buddhiraju said, "Through Commercial Bank's Corporate Trade Portal, we are providing our corporate customers with industry-leading digital solutions services that are cost effective, simple and secure. Mannai Corporation is one of the leading names in the Qatari market and we are delighted to help them meet their business objectives through our Corporate Trade Portal."
Commercial Bank's Transaction Banking Department has built "strong relationships" with Qatari corporates and has been able to offer multiple customised trade solutions to meet the requirements of its corporate clients.
Commercial Bank is the first Qatari bank to launch end to end supply chain financing (SCF) this year.
Gulf Times
01/03/2018
Mannai Corporation's shareholders yesterday accorded approval to its $600mn (QR2.18bn) bond, which is expected to hit the market by the second week of April.
The Qatari company, which last
Gulf Times
04/12/2017
Mannai Corp held its Extraordinary General Assembly Meeting yesterday at Intercontinental Hotel, Al Wajba Ballroom.
The meeting, chaired by Sheikh Suhaim bin Abdulla al-Thani, vice chairman
Gulf Times
31/10/2017
Mannai Corporation recorded a group revenue of QR4.4bn for the third quarter of 2017, up 26 percent from a year ago. The gross profit increased by 24 percent to QR1.0bn. During the year the company c
The Peninsula
| Ticker | Price | Volume |
|---|
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia